Settings8H · net · $10k
Funding arb · Price arb /

FIGHT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.1100%/8h= +120.4% APRnext payment +$5.50 per $10,000 · paid last 24h +0.023%
Price spread now: Bitget against Bybit−0.363%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$310as in the Funding arb table
Net, price: spread back to 7d avg − costs−$463as in the Price arb table
costs, in and out, $10k−$4314.310% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.207%+$121 on $10k
Price spread, last 4 days (all we have)+0.590%+$59 · spread now −0.363%, 7d avg −0.047%
Together, before fees+1.797%+$180 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.316% cheaper against Bybit than usual: you would sell low and buy high (spread −0.363% now, against its 7-day average of −0.047%). If the spread goes back, that is −$32 on $10k: about 23 hours of funding at the current rate (+$33 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit FIGHTUSDT0.0035810.0100pay 0.0050% / 4h2h 53m$1.6M$234K20x
ShortBitget FIGHTUSDT0.0035680.1200get 0.0600% / 4h2h 53m$1.1M$135K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$231
Price spread: −0.363% → −0.047%
−$31.64
Slippage, 4 orders
−$407.96
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$231.6
Costs to cover
4.310%
Break-even
14.0 days
Slippage from Bybit: live order book, 3 min ago; Bitget: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago12.61 bp185.9 bp −$186doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago5.61 bp43.6 bp −$44379.6 bp −$3,796doesn't fitdoesn't fit

FIGHT on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster FIGHTUSDT+0.0100%4h0.003572−0.246%$13K$6K5xas long as short
Bybit FIGHTUSDTlong+0.0100%4h0.003581long leg$1.6M$234K20x
KuCoin FIGHTUSDTM+0.0750%4h0.003571−0.279%$451K$25K20xas long as short
Gate FIGHT_USDT+0.0848%4h0.003580−0.028%$220K$56K20xas long as short
Binance FIGHTUSDT+0.1044%4h0.003584+0.092%$3.3M$1.3M20xas long as short
MEXC FIGHT_USDT+0.1056%4h0.0035810.000%$215K$123K20xas long as short
BloFin FIGHT-USDT+0.1130%4h0.003576−0.140%$309K$7K20xas long as short
Bitget FIGHTUSDTshort+0.1200%4h0.003568−0.363%$1.1M$135K5x